Dean Sysman on How Axonius Does Asset Management Differently
Why Axonius Uses Existing Infrastructure and Controls Rather Than Deploying AgentsAsset management historically either looked at network traffic or attempted to put an agent on everything, which Axonius CEO Dean Sysman says left organizations drowning in data.
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Sysman started the New York-based company in 2017 to focus solely on bringing data together from a customer's existing infrastructure and controls rather than deploying something new. Axonius' approach sets itself apart from newer rivals thanks to the comprehensiveness of the tool, its efficacy at correlating data and its ability to help clients understand their business context and challenges, he says (see: Axonius: A New Approach to Device Management).
"When we started, we were the only ones who took this approach," says Sysman, who in March spearheaded a $200 million Series E funding round and notched a $2.6 billion valuation. "We were a unique, innovative, new approach, and that's what's caused us to grow so fast because of the value that brings to customers."
In this video interview with Information Security Media Group, Sysman also discusses:
- How Axonius plans to use the Series E funding secured earlier this year;
- How the company has balanced growth and profitability amid the downturn;
- What sets Axonius' approach to asset management apart from the pack.
Before founding Axonius, Sysman co-founded Cymmetria, a VC-backed cyber deception company with Fortune 500 customers that was acquired by private equity. He is an alumnus with the rank of captain of an elite unit in the Israeli Intelligence Corps, where he served for five years, receiving commendations and awards. Sysman has been honored with a place on the Forbes Under 30 Israel list and was the winner of the EY Entrepreneur of the Year Award in New York. He is a graduate of the Etgar program and earned his bachelor's degree in computer science at age 19.